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Wednesday, April 24, 2019
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Tobacco contractors in US$200m scandal

LIVINGSTONE MARUFUTOBACCO contractors have been fingered in a US$200m scandal where they are said to be conniving with buyers to purchase the golden leaf at very...

Feb trade deficit narrows 90%

LIVINGSTONE MARUFU ZIMBABWE’s trade deficit narrowed by 90 percent in February this year to $22,2 million from $228,6 million during the same period last year...

Zim to engage Germany, Netherlands over land compensation

Bernard Mpofu Zimbabwe will soon engage in high level negotiations with Germany and the Netherlands on the compensation of evicted former white commercial farmers who...

Elusive US dollar triggers new price hikes

  …Prices treble as currency debate intensifies LIVINGSTONE MARUFU Decreasing exports and an inefficient interbank market have triggered a new wave of price increases over the last...

The dynamics of smuggling in Zim

BERNARD MPOFU Catch me if you can, is a phrase that may describe the goings on at Zimbabwe’s ports of entry as the Treasury continues...

TIMB vows to bust tobacco mafia’s nest

Livingstone Marufu The Tobacco Industry and Marketing Board (TIMB) will crack down on all errant tobacco merchants and cartels as it moves to deal with...

Govt in new TBs issuance

PHILLIMON MHLANGA The government has issued new Treasury Bills (TBs) into the market to finance its activities although it insists that the move was just to...

ZIMRA overhauls tax penalty regime

PHILLIMON MHLANGA The Zimbabwe Revenue Authority (ZIMRA) has proposed a lenient tax regime which is a departure from prevailing punitive measures as it moves to collect...

Afreximbank to extend $300m for retooling

Tinashe Makichi The Cairo-based African Export Import Bank (Afreximbank) is in discussions with a subcommittee of the Ministry of Industry and Zimbabwe’s private sector concerning...

Zim losing  US$200m annually through gold smuggling

PHILLIMON MHLANGA IN GABORONE, BOTSWANA Zimbabwe is losing more than US$200m annually through illicit financial flows (IFFs), which continue to ravage the economy, Transparency International...